Pricing Guide. Channel Islands. 1 July June 2019

Transcription

1 Pricing Guide Channel Islands 1 July June 2019 certain limitations. The maximum total amount of compensation is capped at 100,000,000 in any 5 year period. Full details are available on the Scheme s website ( gg) or on request. FirstRand Bank Limited Guernsey Branch, trading as FNB Channel Islands, is regulated by The Guernsey Financial Services Commission and licensed under The Banking Terms, conditions and rules apply.

2 FNB Channel Islands - Pricing Guide The most common charges applicable to the FNB Channel Islands suite of products have been included below. Should you require more information on our pricing or seek further detail on our suite of transactional or savings account offerings, you can: Contact your Private Banker Call our FNB Channel Islands Service Suite on: UK number SA Local number International number Visit our website at www. _fnbci.co.uk. Alternatively, us on info@ fnbci.co.uk For the definition of terms and acronyms, please refer to our Standard Terminology section below. Pricing Guide FNB Channel Islands Page 1

3 GBP Current Account The following transactions and services are FREE: GBP ATM cash withdrawals, card replacements, balance enquiries, payment confirmations, all GBP debit card swipes, statements, CHAPS payments, Faster Payments, same currency inter- account transfers, standing orders and card deliveries. Transaction description Fee Notes Monthly account fee 5 If a balance of 2,500 is maintained in the account, your monthly account fee will be waived Non-GBP ATM withdrawal fee 6 Outward SWIFT/International payments 30 This fee is also applicable to cross-currency inter-account transfers. Correspondent/ International Bank Fees may apply* Inward SWIFT payments FREE Correspondent/International Bank fees may apply.* Excess fee 10 Returned payment/transaction 20 Interest on overdrawn account 15% * Fees may vary depending on charge code used and routing of payment. Please refer to the Payments Help Guide for more information relating to charge codes. Pricing Guide FNB Channel Islands Page 2

4 Savings Account fees (Available in GBP/USD/EUR) The following transactions and services are FREE: Balance enquiries, payment confirmations, statements, Faster Payments #, same currency inter-account transfers and inward payments. Call Account 32 Day Notice Account Fixed Deposit Account CHAPS payments Outward SWIFT/ International payments (This fee is also applicable to a cross-currency inter-account transfers) 30 (or $/ equivalent)* - - Inward SWIFT payments (This fee is applicable to cross-currency inward payments and not applicable to cross-currency inter-account transfers) FREE FREE FREE Inward SWIFT payments FREE Correspondent/ International Bank fees may apply.* Excess fee 10 Returned payment/transaction 20 Interest on overdrawn account 15% # Only applicable to Call Account. * Correspondent/International Bank Fees may apply depending on charge code used. Fees may vary. Please refer to the Payments Help Guide for more information relating to charge codes. Pricing Guide FNB Channel Islands Page 3

5 Additional information FNB Channel Islands reserves the right to change pricing and package pricing or introduce new fees from time to time. We will give you notice of these changes on the FNB Channel Islands website. Errors and omissions are excluded. Correspondent/International Bank fees may apply. Note: In respect of international payments, a Correspondent Bank is one that may facilitate an onward payment of your funds between the Bank from which you are sending, and the ultimate beneficiary Bank. Our full suite product terms and conditions can be found on our website at ww w. fnbci.co.uk. The Bank reserves the right to change at any time the features of any product. Rates are subject to change. Interest on Current Accounts, Call Accounts and 32 Day Notice Accounts is variable, and interest on Fixed Deposit Accounts is fixed. Early withdrawal on the Fixed Deposit Account & 32 Day Notice Account will attract penalty fees as determined by us from time to time. These penalty fees may reduce your capital amount. Pricing Guide FNB Channel Islands Page 4

6 Standard terminology CHAPS (Clearing House Automated Payment System) is an automated payment system which clients can use to make high value payments of or more. This payment s system is enabled for same day payments in the UK and in the Channel Islands, in GBP (providing the payment instruction is received before 3:30 pm UK time Monday to Friday). Any requests received after the 3:30 pm deadline will normally be processed the next working day. Faster Payments are available via FNB Channel Islands Online Banking or our FNB Channel Islands Service Suite for payments of up to 100,000. Faster Payments Service (FPS) is a payments-clearing scheme for electronic GBP payments in the UK and in the Channel Islands. Most payments sent through FPS will be received by the recipient bank on the same day (this is provided both the sending and the receiving banks are participants in the scheme and the payment value falls within the scheme limit). Where possible, FNB Channel Islands will always send your payments through FPS. For more information, visit w ww. fasterpayments. org. uk A Standing Order (also referred to as a Scheduled Payment) is an instruction you give to FNB Channel Islands to pay a fixed amount to a recipient on a regular basis. SWIFT (Society for Worldwide Interbank Financial Telecommunications) enables you to make a payment overseas or within the UK in a currency other than GBP. This payment may take between 3-5 days. For more information, visit w ww. swift. com GROSS is the contractual interest rate payable without the deduction of any tax. AER (Annual Equivalent Rate) illustrates what the interest rate would be if interest was paid and compounded yearly. This is the indicative rate. FirstRand Bank Limited Guernsey Branch, trading as FNB Channel Islands, is regulated by The Guernsey Financial Services Commission and licensed under The Banking Supervision (Bailiwick of Guernsey) Law, FNB Channel Islands is a participant in the Guernsey Banking Deposit Compensation Scheme. The Scheme offers protection for qualifying deposits up to 50,000, subject to certain limitations. The maximum total amount of compensation is capped at 100,000,000 in any 5 year period. Full details are available on the Scheme s website (www. dcs. gg) or on request. Pricing Guide FNB Channel Islands Page 5